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Fuel Oil Price in China Rises 16.2% to USD 1,139/tonne

Fuel oil in China has climbed to USD 1,139/tonne, its 52-week high, as October export restrictions tighten domestic supply.

Published 2026-10-04 · market: China

Fuel oil prices in China reached USD 1,139/tonne as of 2026-10-02, up 1.0% from USD 1,128/tonne on 2026-09-25 and up 16.2% from USD 980.06/tonne on 2026-09-02. Over the quarter, the price has risen 27.7% from USD 892.14/tonne on 2026-07-03, and over the year it has risen 48.1% from USD 769.01/tonne on 2025-10-02.

The latest quote stands at the 52-week high, first touched on 2026-09-29. The 52-week low was USD 748.86/tonne on 2025-11-07.

According to Reuters on 2026-10-01, PetroChina cancelled gasoline and jet fuel shipments for October to prioritise domestic stocks. Reuters also reported that Zhejiang Petrochemical suspended all oil product export scheduling for the October holiday week, and that Beijing restricted October fuel exports to destinations outside Hong Kong and Macau to address low inventories.

SupplyStatus reported on 2026-10-02 that Iranian crude deliveries to China stopped arriving as of September 26.

Fuel OilChinaFuel Oil priceFuel Oil price in Chinacommodity pricesOctober 2026

Prices are Claight's own series for Fuel Oil in China, 289 observations to 2026-10-02. Every figure in this report is computed from that series; percentage moves compare the same quoted market with itself. Causes were researched against public sources. Changes and averages are Claight Analysis.